POPA ReconStock Market vs GDP: 20 Years of Change
Stock Market vs GDP: 20 Years of Change How big are stock markets compared to the economies behind them? Here’s market cap as a multiple of GDP in 2025: • USA: 2.2x ($69.0T vs $30.8T) • Japan: 1.7x ($7.6T vs $4.4T) • India: 1.3x ($5.3T vs $4.0T) • UK: 1.0x ($4.0T vs $4.0T) •China: 0.8x ($15.5T vs $19.5T) • Germany: 0.6x ($2.9T vs $5.1T) The US stock market has quadrupled since 2005 and is now worth more than twice the US economy, driven by its global tech giants. China’s market grew ~39x in 20 years, but it’s still smaller than its GDP. Germany is the opposite of the US: Europe’s largest…
The excerpt is quoted from a public Telegram channel, which owns its text.